Word: agreement
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Dates: during 1970-1979
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...signed a private trade agreement worth $20 billion: China will export oil to Japan in exchange for Japanese steel and factories. In a ceremony last month at Peking's Great Hall of the People, Teng attended the signing of a seven-year, $13.5 billion trade and cooperation agreement with France Its projects include French help in developing Chinese telecommunications satellites and TV broadcasting, the modernization and extension of a steel complex, and the construction of power stations, a magnesium plant and other facilities. Most important, France landed an order for two 900-megawatt nuclear power plants at nearly $1 billion...
...Americans kept up brisk negotiations. Coastal States Gas Corp., a U.S. firm, agreed to buy 3.6 million bbl. of Chinese crude, the first shipment to arrive early this year. In accordance with its aim to double annual steel production, to 60 million tons in 1985, China signed an agreement with Bethlehem Steel for the development of an iron mine at Shuichang, in Hopei province...
...really. On several occasions in the past, Presidents have ended treaties without asking for the Senate's support; one of the last times was in 1939, when Franklin Roosevelt canceled a commercial agreement with Japan. Several constitutional experts sided with the Administration. "The search for precedents is not critical," said Yale Law School Professor Bruce Ackerman. "What we have is a gradual evolution of presidential-congressional interaction on the conduct of foreign affairs. It seems obvious to me that once the President has acted unilaterally, there is little Congress...
Nonetheless, the speed with which the Administration accepted the agreement contributed to doubts, even among supporters of normalization, about whether the U.S. got the best of the bargain. Said Arkansas Senator Dale Bumpers, fresh from spending two weeks in mainland China: "It made me wonder how much the President left on the negotiating table." Probably nothing, in the view of several Asian scholars. "We could have held out," said Harvard's Benjamin Schwartz, "but I doubt that China would ever openly say that it was going to assure the security of Taiwan...
...criticism aimed at Jerusalem is at least in part deserved. At several crucial steps in the peace process, it has been Israel rather than Egypt that has moved grudgingly, split hairs and seemed to shrivel the spirit of the proposed agreement with excessive legalisms. A glaring example is the stubbornness with which the Begin government has pursued its policy of expanding Israeli settlements in the territories occupied since...